Privatization of state owned enterprises

This means that socially important systems

Can be purchased and regulated by foreign corporations for profit

Then there is trade liberalization

Or the opening up of the economy

Through removing any restrictions on foreign trade

This allows for a number of abusive economic manifestations

Such as transnational corporations bringing

In their own mass produced products

Undercutting the indigenous production and ruining local economies

An example is Jamaica

Which, after accepting loans and conditionalities from the World Bank

Lost its largest cash crop markets due

To competition with Western imports

Today countless farmers are out of work

For they are unable to compete with the large corporations

Another variation is the creation of numerous

Seemingly unnoticed, unregulated, inhumane sweatshop factories

Which take advantage of the imposed economic hardship